SGQRF (Southgobi Resources) E10: $-0.12 (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGQRF Southgobi Resources Ltd SGQRF
62 GF Score
Price $0.28
GF Value $0.64
! 7 Warning Signs
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What is Southgobi Resources E10?

Southgobi Resources SGQRF 62 E10 is $-0.12 as of Mar. 2026. GuruFocus rates SGQRF with a GF Score™ of 62/100 and a GF Value™ of $0.64. The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Southgobi Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.12 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 34.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Southgobi Resources was 34.10% per year. The lowest was -2.10% per year. And the median was 10.85% per year.

As of today (2026-07-14), Southgobi Resources's current stock price is $0.2797. Southgobi Resources's E10 for the quarter that ended in Mar. 2026 was $-0.12. Southgobi Resources's Shiller PE Ratio of today is .


Southgobi Resources  (OTCPK:SGQRF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Southgobi Resources E10 Related Terms


Southgobi Resources E10 Historical Data

* Premium members only.

The historical data trend for Southgobi Resources's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southgobi Resources E10 Chart

Southgobi Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.32 -0.23 -0.12 -0.13

Southgobi Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.23 -0.19 -0.13 -0.12

Southgobi Resources E10 Competitor Comparison

For the Thermal Coal subindustry, Southgobi Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southgobi Resources Shiller PE Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Southgobi Resources's Shiller PE Ratio falls into.


SGQRF
62GF Score
Southgobi Resources Ltd SGQRF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Southgobi Resources E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Southgobi Resources's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.027/121.4731*121.4731
=-0.027

Current CPI (Mar. 2026) = 121.4731.

Southgobi Resources Quarterly Data

per share eps CPI Adj_EPS
201606 -0.070 101.686 -0.084
201609 -0.040 102.565 -0.047
201612 -0.070 103.225 -0.082
201703 -0.040 103.335 -0.047
201706 -0.030 103.664 -0.035
201709 -0.040 103.994 -0.047
201712 -0.040 104.984 -0.046
201803 -0.010 105.973 -0.011
201806 -0.090 106.193 -0.103
201809 -0.010 106.852 -0.011
201812 -0.040 107.622 -0.045
201903 0.010 108.172 0.011
201906 0.010 109.601 0.011
201909 0.010 110.260 0.011
201912 0.000 110.700 0.000
202003 -0.030 110.920 -0.033
202006 -0.040 110.590 -0.044
202009 0.004 107.512 0.005
202012 0.000 109.711 0.000
202103 0.020 111.579 0.022
202106 -0.030 111.360 -0.033
202109 -0.030 109.051 -0.033
202112 -0.040 112.349 -0.043
202203 -0.040 113.558 -0.043
202206 -0.030 113.448 -0.032
202209 -0.030 113.778 -0.032
202212 -0.020 114.548 -0.021
202303 0.027 115.427 0.028
202306 -0.205 115.647 -0.215
202309 0.099 116.087 0.104
202312 0.082 117.296 0.085
202403 0.041 117.735 0.042
202406 -0.007 117.296 -0.007
202409 0.034 118.615 0.035
202412 0.243 118.945 0.248
202503 -0.088 119.384 -0.090
202506 -0.077 119.055 -0.079
202509 -0.024 119.934 -0.024
202512 -0.380 120.704 -0.382
202603 -0.027 121.473 -0.027

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-0.12 mean?
Southgobi Resources (SGQRF) has a E10 of $-0.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southgobi Resources and its competitors.
Is Southgobi Resources' E10 too high?
Southgobi Resources' current E10 is $-0.12. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' E10 compare to competitors?
Southgobi Resources' E10 of $-0.12 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Other Energy Sources company?
A good E10 depends on the Other Energy Sources industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southgobi Resources and its competitors. Southgobi Resources's current E10 is $-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southgobi Resources stock overvalued right now?
Southgobi Resources (SGQRF) has a current E10 of $-0.12. The stock's GF Value™ is $0.64, compared to a current price of $0.28 — trading 56.3% below its estimated fair value. The current E10 is $-0.12. Southgobi Resources' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Southgobi Resources (SGQRF), the current E10 is $-0.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southgobi Resources (SGQRF) Overvalued in 2026?

Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued. The current stock price of $0.28 is trading 56.3% below its estimated GF Value™ of $0.64.

Key valuation signals for SGQRF:

  • E10: $-0.12
  • GF Value™: $0.64 vs. price of $0.28 (56.3% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SGQRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southgobi Resources Business Description

Other Exchanges 01878:Hong KongSGQ:Canada
Address Tower 1, 193 Prince Edward Road. West, Grand Centurey Tower, Units 1208-10, Mongkok, Corporate Department, Kowloon, HKG, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
62GF Score

Get the complete analysis for SGQRF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price
$0.64
GF Value